-Arya Khare
There are so many reasons behind people wanting a financial planner, it might be planning for a baby, or maybe they are just unsure about their money and are looking for a sense of clarity, which comes only after consulting a professional.
While everyone can benefit from a financial planner at some point in time but there are some clear signs which direct you to plan a consultation.
- Received a Windfall
Inherited a large property? Or a large sum of money? Or, the family home?
Deciding on what to do with your sudden wealth is a tough job and there’s the pressure that since it’s inherited wealth, you have to do right. Receiving a windfall is a sure sign that it’s time to consult a financial planner to help you with any tax ramifications you might face. They can also help you to build a strategy to carry your legacy while fulfilling your financial goals.
- Going through a Big transition
Retirement planning? Buying a new home? Planning a baby? These life transitions are signs that you need to speak with a financial planner. They will help you in prioritizing your financial goals and help you adjust during the transitional period of life.
- You’re finding it difficult to follow one strategy
Sometimes when we try to create our own financial plan, it might backfire and land us in a difficult situation like being unable to stick to the budget plan or being unable to save money. That’s when a financial planner enters your life to make it easy. They act as your coach and accountability partner and check in regularly to make sure you stick to your strategy.
- You Own Your Business
If you have a business of your own, you have to put together a lot of plans like succession planning, retirement planning, hiring employees and a lot more. A financial planner can help you in managing your personal finances and at the same time, help you achieve your financial goals is a must.
- You want to feel confident about your Money
Sometimes when you’re stressed out or don’t have clarity or feel under-confident when it comes to your money, it’s time to consult a financial planner. Nobody should go through life feeling constantly worried about their money. Having a financial planner can help you feel confident that you have everything planned, and that you’re on track to reach your goals. After working with a planner, you will start seeing money as something which can be leveraged when in need.
